Improve your Lead Conversion Rate with CPQ software - PowerPoint PPT Presentation

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Improve your Lead Conversion Rate with CPQ software

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Aberdeen’s research shows that lead conversion rates for users of CPQ software are approximately 8.2 times higher than those companies not using this tool. – PowerPoint PPT presentation

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Title: Improve your Lead Conversion Rate with CPQ software


1
VARStreet Inc.
Improve your Lead Conversion Rate with CPQ
software
Contact Us- VARStreet Inc. 66 Charles street
(Beacon Hill), Boston, MA 02114 781-262-0610 Email
Id- sales_at_varstreet.com Twitter-
_at_Tweet_VARStreet.
2
Getting leads is not hard but converting them
into customers is. A good conversion rate is the
driver of your business and indicates high sales
volume. However, most companies tend to suffer
from a low conversion rate, despite having
quality leads. Investing in the right approach as
far as creating quotes is concerned, can be
helpful to increase win rate. To be precise,
configure-price-quote solution can be helpful to
turn more of your leads into sales. Aberdeens
research shows that lead conversion rates for
users of CPQ software are approximately 8.2 times
higher than those companies not using this
tool. Heres how CPQ tool can help gain more
clients.   You Present your Quotes Right
Away Even if the prospect shows interest, it is
necessary to present the quote at the earliest so
as to move your prospects through the sales cycle
faster. However, many times the products are
complex and requires handling complicated pricing
structure, which causes a delay in sending
quotes. This delayed response time often causes
your prospect to move to your competitors. A CPQ
software can help to increase your lead
conversion rate as the tool can simplify and
accelerate your complex product configurations
and price calculations. As a result, you are able
to create quotes right away, thereby no longer
keeping your prospects wait for a quote.
3
Prospects get Flexible Product Configuration
Options Many times, the prospects visiting the
store are looking for a variety of options to
configure products, while others want to do a
comparison between different carts. All this
seems impossible with manual quoting, hence the
prospect never gets converted to a customer. With
this sales quotation software, you can provide a
number of custom product configurations options,
thereby allowing your prospects to design product
as per their needs. Also, the tool allows
prospects to compare different versions of the
same cart and find out the right order price that
suits their budget.   Accuracy is
Assured Inaccurate quotes is one of the major
factors that can hinder lead conversion.
Quotation errors indicate lack of professionalism
which can turn customers away. With this
software, you are able to configure products
correctly, price them accurately and then put
them together into a quote effortlessly. So using
this tool, you eliminate errors while creating
complex quotes. By sending accurate quotes, you
impress your prospects and increases your chances
of winning more work. So streamline and speed up
your quoting process with configure price quote
software and turn more leads into sales.  
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